Temu Resumes Meta, Google Ad Spending in U.S.
In April, Temu slashed virtually all of its digital ad spending in the country.
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The Information AM
Start your morning with the important global tech news of the day, covered by The Information team across five time zones.
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Recent Editions
Oracle Strikes Big Cloud Deal That Could Double Cloud Revenue by 2028
Oracle stock jumped 5% on the news, as investors applaud the company's rapid growth in its small cloud unit.
OpenAI is Responding to Meta Poaching, Research Chief Tells Staff
The OpenAI executive said it feels "as if someone has broken into our home and stolen something" in response to the Meta poaching.
Trump Says He Has a ‘Buyer for TikTok'
Trump said the buyer was a "group of very wealthy people" and that China needed to approve the deal.
Musk Says Big Beautiful Bill is ‘Insane'
The bill not only reduces incentives for wind and solar projects, it raises taxes on those that come into production after 2027.
Hewlett Packard Enterprise and Juniper Resolve DOJ Lawsuit
The settlement should clear the way for completion of the $14 billion merger.
Tesla Car Drives Itself to New Owner
The autonomous delivery is a big step forward for Elon Musk's ambitions in self-driving cars.
Meta in Talks to Raise $29 Billion from Private Equity Firms
Apollo Global Management, KKR, Brookfield, Carlyle and Pimco are involved in the discussions.
Nvidia Acquires Another Startup That Makes Its Chips Cheaper to Use
CentML has raised around $30 million since 2022, including from Nvidia.
AI Data Center Powered By Used EV Batteries Launches in Nevada
Redwood Materials CEO JB Straubel said his firm could end up generating more revenue from the energy business than its core battery recycling business.
Uber in Talks to Back Kalanick on Pony Deal
The deal would likely enhance Uber's strategy of partnering with a variety of robotaxi services.
Google Launches Payment Tool for Publishers
Over the past year, publishers have warned that Google’s AI features could be the “nail in the coffin” if readers stop clicking on search result links.
Meta Hires Four Researchers from OpenAI, Discusses Buying PlayAI
The moves are part of an aggressive push to recruit talent and catch up in artificial intelligence, after stumbles over the past year.
Instagram, TikTok Working on Smart TV Apps
Instagram and TikTok are plotting apps customized to run on TV screens following YouTube's growth on smart TVs.
Benioff Says AI is Handling Up to Half of Salesforce’s Work
Salesforce CEO's comments are the latest sign that tech executives are getting more comfortable talking about AI as a job replacement tool.
CoreWeave in Talks to Buy Core Scientific
CoreWeave is in fresh talks to buy Core Scientific after the AI cloud provider unsuccessfully bid for the data infrastructure company a year ago.
Second Tesla Executive Departs As Sales Lag
The departure comes the same month as Tesla’s Optimus robotics lead, Milan Kovac, stepped away to spend time with family.
Meta Wins AI Copyright Lawsuit Against Authors
The ruling is the second copyright decision this week in favor of AI companies.
OpenAI and Microsoft Spar Over AGI Clause in Contract Talks
OpenAI has implied it could soon declare AGI. Microsoft executives have disagreed.
Prediction Market Kalshi Hits $2 Billion Valuation in New Round
Crypto venture fund Paradigm led the round.
Weekday mornings
The Information AM by The Information Staff
Start your morning with the important global tech news of the day, covered by The Information team across five time zones.
By providing your email, you agree to The Information’s Privacy Policy
